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THE CRED - March 2025

Good News Coming Out of the SEC for BDCs (and Hopefully More to Come) - There have been several recent developments at the Securities and Exchange Commission regarding multi-share class exemptive relief, Rule 506(b) and...more

ESG and Sustainability-Linked Loans – Private Credit

Environmental, social and governance (“ESG”) issues have become a more prominent factor in the Private Credit market in recent years as some investors seek to ensure their commitments are deployed in such a way so as to...more

THE CRED - October 2024

Explore the rise of private credit, driven by flexible terms and direct lending, with BDCs and interval funds offering diverse investor access and enhanced liquidity....more

The Potential Impact of the COVID-19 Coronavirus on EBITDA and Financial Covenant Calculations in Loan Agreements

Whilst the full scope of the potential impact of COVID-19 for financial covenant calculations and other purposes within loan agreements can only properly be assessed on a deal-by-deal basis, it is still possible to identify...more

COVID-19 – what could it mean for your portfolio company’s compliance with its loan agreements?

As the COVID-19 coronavirus pandemic spreads further around the world, the full impact of the virus on businesses remains to be seen. For some industries (travel, hospitality, retail, health and leisure) the immediate loss...more

COVID-19 as an MAE in English Law Loan Agreements

Whilst the world reels from the impact of the COVID-19 coronavirus and rightly focuses on preserving lives, many businesses will nevertheless need at the same time to fight to stay afloat as the repercussions of the virus hit...more

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